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I use the above ---------- Post added at 13:35 ---------- Previous post was at 13:35 ---------- Quote:
https://www.amazon.co.uk/BG-Electric...ps%2C85&sr=8-5 ---------- Post added at 13:38 ---------- Previous post was at 13:35 ---------- Quote:
https://www.amazon.co.uk/Fingerbot-C...ps%2C82&sr=8-7 using artificial skin (available on amazon) the washing machine has a touch button. Currently I use the delay button. But if you avoid heavy use 4-7pm, with no gadgets, then you save 40-50% . Using the delay button you save 60%.... |
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What is this country coming to? Smart meters put you at the mercy of the profit making utility providers. Conservatives shouldn’t have stooped so low. (Same with water).
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You need to re evalue your blind support if you think otherwise. |
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Profit will always come first before us the customer. |
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Free market capitalism is fine rxcept as regards the utilities. |
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https://reneweconomy.com.au/this-is-...newables-soar/ There is oversupply of electricity on windy and sunny days in the UK. https://winderful.uk/ Too much hydro electricity in Norway after rainy days or snow melting. Many countries cannot sell it. I was told the transformers cannot cope with oversupply of leccy. All of us have to shift electricity use and find ways to store it. Octopus makes 100% profit on Agile leccy, I gave the public formula above. On standard tariffs, they have to play the future markets: some companies win, but many, many went belly up. |
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Regarding Agile, I switched a month or so ago and this app (on iOS) claims to show the savings made relative to a chosen (other) tariff for your region:
Octopus Compare It claims that for the last month we spent £77.88 on Agile November 2022 v1 vs. £145.79 if we remained on the Standard Tariff April 2023 v1 |
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This has probably been posted but for Octopus Agile folks, this site is useful:
https://energy-stats.uk/octopus-agile-southern-england/ |
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Crisis, what crisis?
All good as the energy companies announce billions in profits and share buy backs. |
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Two billion quid leaving these shores for the sunnier climbs of France. |
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This is a crisis in its own right. I'd like to see a balance sheet that sets off past losses (as in Covid) against the recovery profits. If there is a net surplus for these companies, then there's something more than very wrong, particularly in respect of regulation.
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How do people's monthly bills compare lately?
For me 2 bed house, I work shifts so half a day the house is empty and my gas with old conventional boiler for 25 days is £21 and Electricity £47 for the month on Octopus Flexible Tariff. |
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Our electric currently is around £95 a month while our Gas comes in at around £25 a month.
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The Price Cap will drop again on October 1st, from £2074 to £1923.
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Question for anyone on Octopuses normal Flexible Tariff.
Octopus are offering me a fixed tariff called 'Loyal Octopus 12M Fixed' and say I could save £33.36 a year on Electricity and £30.75 on Gas if I switched with their monthly estimate at £102.11 compared to £107.45 on my current Tariff. My latest monthly usages bill is £56.33 for Electricity and £25 for Gas, I pay £100 a month via DD and now £360.60 in credit. I've never had a fixed tariff before so I really don't know if I should switch or not.... |
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It is dropping in October then rising in Jan but then it is all clouded. If it drops a decent amount in April and July you could find you losing out |
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I assume that companies would offer something that is calculated to increase their profit. |
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They are still speculating on the market and could lose
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https://www.theguardian.com/business...20last%20month. Quote:
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After its run its course I am hoping the prices will have come down again somewhat. |
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Is that 1% below the energy price cap whatever it is whenever it is changed during that year? Given that the cap is taken as the standard variable price now by those thieves, 1% less is something, albeit they’ve locked you in. |
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But if it does rise unpredictably in January at least I am covered ,if the last few years have taught me anything at all its the almost totally unpredictable nature as regards the energy markets thanks largely to the Ukrainian invasion . |
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I can’t question your logic. But their 1% is measly and proves to me that all they are doing is protecting their margins at your expense. As you say, evens-stevens is a likely outcome. |
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I fixed with E.on in July at a price that’s still lower than the October price . My usage drops off a cliff in April anyway so I’m only really at risk of losing out in the January to March window having already saved in the six months before that. |
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Our latest energy bill from Scottish Power has arrived. All prices include VAT.
Electricity Standing Charge: 53.82p per day Was 33.28 p/kwh From 1st July 30.22 p/kwh Gas Standing Charge: 29.11p per day Was 10.47 p/kwh From 1st July 7.66 p/kwh Our electricity use per day was 11.8 kwh, they say the High Usage level is 11.7 kwh Our gas use per day was 17.8 kwh, they say the Low Usage level is 21.9 kwh Our electricity usage for this period was 884 kwh compared with 866 kwh for the same period last year. Our gas usage for this period was 468 kwh compared with 526 kwh for the same period last year. |
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Octopus is set to acquire Shell's 2m energy customers, making it the second largest energy provider in the UK after British Gas. Not bad for a company that was originally a challenger brand and did not have its roots in a privatised electricty/gas supplier with millions of guaranteed customers from day one!
https://www.msn.com/en-gb/money/othe...ccc379bc&ei=15 |
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Here’s the info on the Shell Energy page (we’re customers).
https://help.shellenergy.co.uk/hc/en...17469741986833 |
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It is interesting the Octopus are taking on a Broadband provider
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Is anyone interested in breaking out a separate thread solely for the Octopus Agile tariff? As we go into the Autumn/Winter/Spring, the pricing could get interesting :D
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Agile Octopus & Octopus tracker Leccy+ gas No bloody wind the last few weeks! https://winderful.uk/ |
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When there is wind offshore in the UK, leccy is next to zero. Otherwise the fire up the gas to produce leccy. |
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17p leccy, 4.5p gas quite cheaper. I will post the bill when it comes tomorrow (40+ pages of it) ---------- Post added at 21:23 ---------- Previous post was at 21:22 ---------- Quote:
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here is a link https://share.octopus.energy/sage-hawk-776 Octopus will give me 50 quid, if you use it, but I will sent you back 50 quid, if you send me a sort code/account number. You will also receive £50 from octopus. Ask for Agile Octopus +Octopus tracker |
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leccy 16.12p/kWh 396.4 kWh £63.92 Total consumption 396.4kWh @ 16.12p/kWh † £63.92 Standing Charge 31 days @ 40.73p/day £12.63 gas Consumption 49.4 Units (m3) Energy Used* 553.2 kWh @ 3.94p/kWh† £21.77 Standing Charge 31 days @ 25.56p/day £7.92 † Average unit rate charged per kilowatt-hour. That's for Agile Octopus + Octopus tracker tariff Use the link above and choose "Intelligent tariffs" and then Agile octopus + Octopus tracker...it is hidden for a reason. |
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Interesting first Bill from OVO (for August).
They charged me 14.85 for Electricity, which is simply the standing charge for the month. This is despite they fact they have my meter readings for the month. Gas was charged correctly, Standing plus usage from the meter readings. I wonder how long this will last before they notice their system isnt working properly. [ Years ago, when I was with IRESA, they screwed up and used my night readings for day, and day readings for night. So I got 80% of my electric at the cheap night rate. They never fixed this, even after I pointed it out to them, twice. ] |
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Octopus did not charge me for leccy in August either --not even standing charge. Only gas. I have a smart meter, and since they charged me for gas, I know they can "talk" to the meter. ?????
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Scottish power is knocking a tiny bit off gas and leccy, but adding to the Standing Charge... AGAIN!
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Received this from Shell Energy this week
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Octopus is reducing unit rates and freezing standing charge for both gas and electric.
(Attached - electricity is the one with 60p standing charge) |
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Wouldn't it be better to put the unit cost up and the standing charge down to encourage less use
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My new prices will be
Standing Charges: Gas = 29.11p per day Electric = 50.31p per day Usage: Gas = 6.77p per kWh Electric = 26.76p per kWh As noted, the standing charge is unchanged, the usage as gone down from 29.47p & 7.37p. The standing charges are identical to what I previously paid both EDF & British Gas earlier in the year. |
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Glad I didn't fix my flexible Octopus tariffs.
Unit rates have decreased standing charges haven't changed. New Prices Standing Charges: Gas = 27.468p per day Electric = 42.013p per day Unit Rate Gas = 6.786p per kWh Electric = 27.932p per kWh |
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Ofgem have been moving various industry costs from unit to SC deliberately for their own reasons (likely political), but in addition the industry is likely fighting with customers who are reducing their usage, so shifting costs to SC acts as revenue protection. |
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In defence of the standing charge: there is a network of pipes, pumps, high voltage lines and substations that requires maintenance so it’s available for your use regardless of how much gas or electricity you actually consume. Your supplier has to pay a transmission charge to the local network operator for the privilege of having you as a customer attached to their network. It isn’t all about the actual quantity of gas or electricity you consume, although the suppliers have done more than their fair share towards muddying the waters here, with various tariffs that more or less decouple the actual transmission cost from their standing charge.
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Disgraceful charges Standing charges Etc
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You could say that the standing charge is akin to National Insurance in the sense that it is a "tax" that goes into the company pot as distinct from hypothecation. |
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The infrastructure costs remain regardless of the fuel cost. If fuel prices plummeted the owners would still need to keep spending and material costs still could rise. Maybe a cap on the SC paid so the companies get enough and the customers don't get hit quite so hard.
I guess it comes down to knowing who owns what and where the money goes. And would people in some areas need to pay more SC if the infrastructure to supply them is "more expensive". (e.g. remote farm may have an almost exclusive "pipe" that could cost more than a house on a street with more shared infrastructure.) |
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It’s the distribution network operator that levies these charges but the domestic suppliers pass them on. |
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I have had contracts in the past that had no Standing Charge. But, and it's a big but, if you used less than a certain amount each month, they tagged-on a Connection Charge to the bill. Our neighbours went abroad for over 3 months, so no gas or leccy used, but they got slapped with bills. |
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Despite having multiple meter readings from the day I joined, they still havent charged me a single penny for usage, just the daily SC. :dozey: At this rate I'm going to have a hell of a balance building up. :angel: |
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Got an email from OVO today confirming I'll get the £150 Warm Home Discount again this year.
Given they are still not charging me for any electricity at all, my balance sure is going to shoot up. :erm: |
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It’s illegal for your energy supplier to chase you for debts older than 12 months, unless you’ve been actively avoiding paying them in which case the deadline is something like 7 years. In the case of them not billing you for over a year, technically they could try to work out exactly how much you used before and after the cut-off date but rather than risk being dragged through the courts if they get it wrong it’s probably just easier for them to write off the whole debt.
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Well I'm not activily avoiding it, Im still paying my DD monthly, they are just not billing me for the usage, just the SC.
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https://www.ispreview.co.uk/index.ph...witch-off.html
7 million smart meters to be cut off by 2033. (well, could) |
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Not very smart are they? Lol
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Well yes, presumably they will become dumb meters that you need to read.
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I doubt that would cover the meter cost, let alone the engineer time. |
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£8 wouldn’t pay someone to cross your door, let alone start playing around with meters and equipment, test, and leave. Their hourly rate would be far in excess of this, before anyone even adds the cost of new meters/modules. |
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I've just been to look at mine. The swappable module is not going to be cheap, and is not user replaceable (the screws have tamper-evident seals on) |
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So the whole cost of the exercise £56m instead of £14m. However, it still seems very small. |
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If they cost total cost of the job then it will be a lot more but if they factor in the guys are working for them anyway so labour costs are not included then it will be only the cost of the parts. Selling £2 per household costs is a lot more palatable that a tenner + |
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